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CAUG vs PJUL

Corgi U.S. Equities 15% Structured Buffer ETF - August Series

CAUGCCboe

Innovator U.S. Equity Power Buffer ETF

PJULCCboe

Overlap

Expense ratio

CAUG −0.49pt a year

CAUG0.30%PJUL0.79%

Avg volume · 30D

PJUL 266.5×the volume

CAUG410PJUL109K

CAUG vs PJUL Performance

Oct 2, 2026 – Nov 2, 2026

−1.1%CAUG−0.9%PJUL

Oct 2, 2026 to Nov 2, 2026. CAUG −1.1%. PJUL −0.9%. Use the arrow keys to read each point.−0.5%0%0.5%1%Oct 2Oct 16Nov 2
Expense ratio
CAUG 0.30%, better
PJUL 0.79%
Fund size
CAUG $1M
PJUL $1.29B
1Y total return
CAUG No data
PJUL +7.7%
Yield (12M)
CAUG No data
PJUL 0.00%
Holdings
CAUG 4
PJUL 3
Avg volume (30D)
CAUG 410 sh
PJUL 109K sh, better
NAV per share
CAUG $25.21
PJUL $49.56
52W range

ETF.net Grade

CAUG: Cost 83, Risk 48, Mission not scored, Tradability 14, Holdings not scored, Durability 2. PJUL: Cost 35, Risk 47, Mission not scored, Tradability 67, Holdings not scored, Durability 88.
Pillar letters and Scores for CAUG, PJUL, with each pillar’s weight
PillarCAUGPJUL
Cost30% weightA83HigherD35
Mission25% weightNot scoredNot scored
Risk15% weightC48HigherC47
Tradability15% weightF14B67Higher
Holdings10% weightNot scoredNot scored
Durability5% weightF2A88Higher

Rank among S&P 500 Buffer 15% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CAUG and PJUL are both graded against the same 51 S&P 500 Buffer 15% funds, so their Grades compare head to head.

S&P 500 Buffer 15%⁠

Category · 51 funds
See all 51 ›

PJUL ranks 13th and CAUG 33rd of 51 funds in the S&P 500 Buffer 15% Category.

  1. Rank 11CTENMiShares Large Cap 10% Target Buffer Mar ETFScore 50
  2. Rank 13CPJULInnovator U.S. Equity Power Buffer ETFScore 49
  3. Rank 14CPFEBInnovator U.S. Equity Power Buffer ETFScore 48
  4. Rank 30CGJANFT Vest U.S. Equity Moderate Buffer ETF - JanuaryScore 41
  5. Rank 33CCAUGCorgi U.S. Equities 15% Structured Buffer ETF - August SeriesScore 40
  6. Rank 33CCJULCorgi U.S. Equities 15% Structured Buffer ETF - July SeriesScore 40

Our read on each fund

ETF.net Research

CAUGCCorgi U.S. Equities 15% Structured Buffer ETF - August Series

PJULCInnovator U.S. Equity Power Buffer ETF

In short

CAUG No data

PJUL Rides the S&P 500, absorbs the first 15% of a 12-month drawdown, and gives up upside above a cap in exchange. Innovator's July-reset Power Buffer, running the same playbook since 2018.

Stated mandate

CAUG No data

PJUL The Fund seeks to track the return of SPY up to a predetermined cap while protecting investors from the first 15% of losses over the current outcome period.

Why people hold it

CAUG No data

  • PJUL The buffer is the whole product: built to absorb the first 15% of reference-index losses across each one-year outcome period, with upside capped in return.innovatoretfs.com
  • Trades tightly for a defined-outcome fund, and at multi-billion-dollar size it is one of the more established names on the buffer shelf.
  • A 2018 vintage that has carried its buffer through real market cycles, and among buffer funds we grade it sits near the top of the group.

Worth knowing

CAUG No data

  • PJUL Cap and buffer are set at the July 1 reset and apply to full-period holders. Step in midstream and your effective cap and remaining buffer differ from the headline terms.innovatoretfs.com
  • 0.79% is the category median, not the floor. The laddered sibling BUFF lists 0.10% and spreads the same Power Buffer approach across staggered start dates.
  • Income is not part of the design. The options-based structure has not been throwing off distributions.

Full CAUG profile⁠

Full PJUL profile⁠

CAUG vs PJUL Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CAUG vs PJUL Cost

Overpaying PJUL vs CAUG

$9,025

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CAUG 0.30%

    $6,149

  • PJUL 0.79%

    $15,174

$10,000
30 years

Cost over time

  • CAUG 0.30%
  • PJUL 0.79%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530PJUL $15,174CAUG $6,149

Year by year

YearCAUGPJULOverpaying
10$545$1,405$860
20$2,113$5,331$3,218
30$6,149$15,174$9,025

Expense ratio

  • 0.30%CAUG, cheaper
  • 0.79%PJUL
  • Middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

CAUG cheapest of 51 funds

PJUL 24th cheapest of 51 funds

CAUG vs PJUL Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
CAUG No data
PJUL 0.00%
Payout (12M)
CAUG None
PJUL None

Distribution history

Per share, 2019, same scale for both

CAUGAll CAUG payments⁠

No distribution history available.

PJUL1 paymentAll PJUL payments⁠
One bar per payment. 1 payment in 2019. Nov 19, 2019 $0.22. Use the arrow keys to read each point.$0$0.252019

CAUG vs PJUL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CAUG No dataPJUL 6.3%
Return per unit of riskSharpe ratio, 3 years
CAUG No dataPJUL 1.44
Worst fallMax drawdown, 5 years
CAUG No dataPJUL −10.7%
Market sensitivityBeta, 5 years
CAUG 0.00PJUL 0.47

CAUG and PJUL in the news

All news⁠

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